Brief: CTP Signs EUR 500 Million Loan Facility

CTP NV

27/06/2024 17:03

June 27 (Reuters) - CTP NV  CTPNV.AS :
    * CTP ANNOUNCES SIGNING OF A EUR 500 MILLION UNSECURED
SYNDICATED
SUSTAINABILITY-LINKED LOAN FACILITY AND EUR 500 MILLION BOND
TENDER OFFER
    * LIQUIDITY MANAGEMENT ALLOWS GROUP TO EXTEND AVERAGE DEBT
MATURITY PROFILE, AS WELL AS BOOK A CAPITAL GAIN OF €21.3
MILLION
    * SETTLEMENT OF TENDER OFFER IS EXPECTED TO TAKE PLACE ON 28
JUNE
2024
    * ALSO LAUNCHED A CONCURRENT TENDER OFFER WHICH WILL ENABLE
GROUP
TO REPURCHASE SHORT-DATED BONDS WITH TOTAL NOMINAL AMOUNT OF EUR
500 MILLION
    * 5-YEAR UNSECURED SYNDICATED SUSTAINABILITY-LINKED LOAN
FACILITY
AT FIXED ALL-IN COST OF 4.7%

Source text for Eikon:  urn:newsml:reuters.com:*:nBw4mD1jxa
Further company coverage:  CTPNV.AS 

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